Delhivery Q1 Profit Sinks 65% YoY To ₹32 Cr Despite A 28% Uptick In Revenue
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Logistics major Delhivery’s consolidated net profit for the June quarter of FY27 slumped 65% to ₹31.9 Cr from ₹91.1 Cr in the same quarter last year. Sequentially, the company’s profit declined 56% from ₹72.3 Cr.
Operating revenue increased 28% to ₹2,930.7 Cr in the quarter under review from ₹2,294 Cr in Q1 FY26. However, on a quarter on quarter basis, Delhivery’s top line declined 3% from ₹2,850 Cr.
Including other income of ₹114.1 Cr, the company’s total income for the quarter stood at ₹3,044.8 Cr. Meanwhile, total expenditure for the quarter stood at ₹3,011.6, up 29% from ₹2,326.6 Cr in the same quarter last year.
(The story will be updated soon)
The post Delhivery Q1 Profit Sinks 65% YoY To ₹32 Cr Despite A 28% Uptick In Revenue appeared first on Inc42 Media.
